Based on the Following Data,a Forecaster Used Simple Exponential Smoothing

question 74

Multiple Choice

Based on the following data,a forecaster used simple exponential smoothing and determined the following: S₀ = 19,S₁ = 18.6,S₂ = 19.08,S₃ = 19.064,S₄ = 19.851 and S₅ = 19.481. Calculate the Mean Absolute Deviation (MAD) .

• A)3.671
• B)8.215
• C)2.161
• D)1.643

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Definitions:

Excretory

Pertaining to the process of eliminating waste products from the body's metabolism.

Waste Products

Substances that are produced as byproducts of metabolic processes and need to be eliminated from the body.

Crushing

Compressing or squashing something with force so that it becomes distorted, broken, or compacted.

Diabetes Mellitus

A chronic condition characterized by elevated levels of glucose in the blood due to insulin deficiency or resistance.